Barhoot

September 2024 marked a critical turning point for the Toronto real estate market. After years of volatility and unpredictable price movements, the latest data from the Toronto Regional Real Estate Board (TRREB) shows a shift in market dynamics: while sales have risen, prices have seen a slight decline.

The Greater Toronto Area (GTA) real estate market has seen a remarkable turnaround in 2024. After several years of intense price growth and limited inventory, the market is now showing signs of a more balanced environment.

The Toronto real estate market continues to present an evolving landscape, and September 2024 is shaping up to be a significant turning point.